GemGuide has updated its pricing charts to reflect significant price increases for Mozambique ruby, a key supply source for global jewelry buyers. The changes, driven by strong demand and a tender-based sales system, also adjust Burma ruby pricing due to extreme scarcity. Overseas importers and manufacturers sourcing ruby for rings, earrings, and bridal collections should note these shifts for cost planning and inventory strategy.
Supply-chain impact
Mozambique has been the primary source for gem-quality and near-gem-quality ruby entering the global market for at least the past decade, according to GemGuide Research Director Stuart Robertson. The current appetite for ruby, especially unenhanced material, is very strong and largely sold via a tender system, causing prices to skyrocket. For jewelry buyers, this means higher costs for Mozambique ruby, which is commonly used in rings, earrings, and necklaces.
Burma ruby scarcity and pricing changes
Due to scarcity of unenhanced Burma ruby, price is now secondary to availability, GemGuide said. Sourcing fine material has become very difficult, making traditional pricing based on a 1-to-10 quality range no longer practical. GemGuide advises users to interpolate prices for other grades from the listed categories. This shift may affect high-end bridal and luxury collections that rely on Burma ruby.
What buyers should watch
GemGuide noted that changes to sapphire prices will be released with the launch of the next issue. Jewelry buyers should monitor these updates for potential impacts on sapphire sourcing costs for rings, earrings, and bracelets. The company welcomes feedback on the new ruby pricing as market research continues, indicating further adjustments may follow.
China sourcing context
While the report focuses on global ruby pricing, Chinese manufacturers and suppliers of gemstone jewelry—including ruby rings, earrings, and necklaces—should note that Mozambique ruby remains the dominant commercial source. The tender system and price increases may affect OEM/ODM pricing for overseas buyers sourcing from China. Staying informed on these trends helps in negotiating contracts and managing supply chain costs.
Source: Read the original report | Published: June 16, 2026